In today's update:
1) U.S. Equity markets post gains for a second straight day as Traders continue to hope for a rate cut. The Dow Jones Industrial Average gained 207.39 or 0.82%, the S&P 500 added 22.88 or 0.82% while the Nasdaq 100 closed higher by 48.36 or 0.64% and the Russell 2000 finished lower by 1.77 or 0.12%.
2) Crude Oil Futures plunged again closing lower by $1.78 or 3.33% after a surprise build in U.S. crude stockpiles while Gold Futures climbed to a 15-week high gaining $6.10 or 0.46%. The Bond market traded lower and the yield on the 10-year Treasury Note settled at 2.134%.
3) Cloudera Inc. (CLDR) hit a fresh all-time low during today's regular trading session dropping $0.31 or 3.40% but the selling did not end there. After-market close, the company released earnings and announced a much bigger than expected loss and confirmed that their CEO will be leaving at the end of July. Shares of CLDR are currently trading lower by $2.79 or 31.70% in the after-hours trading session.